Determinant of Capital Structure: New Evidence Panel Data from 100 Largest Cooperatives in West Java

Sugiyanto, Sugiyanto (2017) Determinant of Capital Structure: New Evidence Panel Data from 100 Largest Cooperatives in West Java. International Journal of Scientific and Engineering Research (IJSER), 8 (8). pp. 1908-1914. ISSN 0222-9552

	Text 2017 - Journal IJSER Sugiyanto.pdf Download (597kB)
	Text 2017 - IJSER.pdf Download (4MB)

Official URL: https://www.ijser.org/onlineResearchPaperViewer.as...

Abstract

Study of Capital structure in Indonesia cooperative entity is almost never be done, the sources of cooperative capital not only from internal source i.e. reserve of business surplus and member’s contribution but also derived from debts. Ability to raise capital also becomes a major problem for cooperative in Indonesia. The study was conducted to assess the financial performance as determinant factors affecting on cooperative capital structure. Descriptive quantitative research method used in this study, using new evidence panel secondary data from 100 samples size of largest cooperatives in West Java. Analysis data used regression correlation analysis approach either partially or simultaneously. The study results showed that partially are not all financial performance that analyzed as a determinant of cooperative capital structure, from six financial performances that measured, only sales stability, asset structure, and company size that become determinant factors that effect on cooperative capital structure, while profitability, liquidity, and business risk are not as a determinant factors of cooperative capital structure. But simultaneously all financial performances that analyzed by multiple correlation becomes determinant factors that effect on cooperative capital structure.

Item Type:	Article
Uncontrolled Keywords:	Financial Performance and Cooperative Capital Structure
Subjects:	JOURNAL
Divisions:	DOKUMEN IKOPIN
Depositing User:	SE Asep Hermawan
Date Deposited:	11 Dec 2019 07:10
Last Modified:	22 Oct 2021 03:57
URI:	http://repository.ikopin.ac.id/id/eprint/18

Actions (login required)

View Item